The main challenges for the agricultural insurance market in 2020

As everywhere, the global propagation of COVID-19 in 2020 unquestionably brought some new challenges to Agricultural Insurance too. Business professionals were faced to manage the outbreak periods and to continue providing their services. According to a recent study of the actual impact caused by COVID-19 pandemics to agricultural insurance markets in 29 countries, made by…

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To the Last Drop: How Agribusiness Decision-Making Becomes Clearer, Simpler and More Impactful With Earth Observation

Agtech innovation has made today’s industry more sophisticated than ever. But with sophistication comes complexity. Every day, agribusiness leaders — across fintech, commodity trading, food and beverage, digital ag and more — are tasked with making complex business decisions. The trouble is the complicated, inconsistent and incomplete information they’re often equipped with is insufficient for…

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Traive Finance powered by EarthDaily Agro

Traive, an ag-fintech company, is working towards its current mission to revolutionize the agricultural finance sector through data technology and machine learning. Based in Brazil and the U.S., the company has partnered with EarthDaily Agro to gain access to geospatial data analysis tools.    These tools allow them to more efficiently and precisely analyze the…

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Using Agricultural Remote Sensing for Risk Assessment

One thing that is very clear in agriculture is that each season brings unique challenges and risks to every operation. As a lender or insurance company, it is important to have the best information possible to understand how these risks could impact your business.  With EarthDaily Agro agricultural remote sensing we can both look into…

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Weather Analytics Help Brazilian Insurer Reduce Daily Risk in Agriculture

Geospatial analytics helps Brazilian insurer take proactive steps to reduce the cost of claims with timely weather monitoring, forecasts and alerts. Protecting farmers from the risks of flood, drought, frost and other weather- and climate-related conditions can create financial risk for insurers—for example, when farmers in Brazil submit increased claims due to crop failure caused…

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Work Smarter With Data-Powered Decisions

EarthDaily Agro Customers Share How Earth Observation Benefits Their Businesses Coinciding with its refreshed identity and enhanced services, EarthDaily Agro recently hosted a virtual panel with two of its industry-leading customers to discuss how their businesses have benefitted from earth observation technology. The discussion focused on the multitude of ways global agribusinesses are leveraging geospatial…

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How Ag Lending Is Transforming With Earth Observation and Geospatial Analytics

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Today’s farm operations are becoming bigger and bigger — but while farmers are farming more land, they aren’t necessarily owning more land. Instead, farmers are increasingly leasing the land, or portions thereof, that they farm. When it comes to ag lending, this trend is creating both a challenge and an opportunity. With larger operations, farmers…

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Major Brazilian Bank Harnesses Data to Efficiently Manage Rural Credit Accounts

Remote satellite imaging and analytics gives bankers advanced tools for monitoring crops throughout the growing season, helping to validate rural credit and comply with government audit regulations. As one of the largest agricultural producers in the world, Brazil supports its farmers through a vast rural credit program—in 2018 the amount available to farmers was US$57…

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Partnership with Skyline brings Index-based Insurance to Market

While Index-based insurance is widely acknowledged as a fundamental need in securing risk for under-protected segments of agriculture, the availability of such policies has been extremely limited. That is about to change. We are thrilled to be at the forefront, working with Skyline Partners, to bring an index-based insurance platform to market. This data-driven parametric…

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